Cotton Prices Rebound, Can The Rumors Of Purchasing And Storage Come True? How Long Does Yarn Company Produce Inventory And May Day Holiday?

Market brief

Zheng cotton has gone up and down, and many have increased its position. In the speculation of buying and storing rumors, Zheng cotton and the United States cotton rose simultaneously, but the downstream demand is not good. In the face of market rumors, the downstream cotton mills showed a calm performance, and the purchase of cotton lint was still cautious. The purchase and sale of the linen plants were still light. At present, the downstream textile enterprises are still facing orders shortage, and some enterprises have to deal with the market rush through reducing load and delayed vacation. The demand for raw cotton is still weak, but the short-term market has increased reserves due to the rumors and rumors of the purchase and storage. The expected strong, superimposed upland cotton cotton rose, expected that the short price of cotton prices will continue to rise trend, but the terminal demand is not changed, there is a risk of downfall after high. It is recommended that the downstream textile enterprises to maintain just need to purchase, cotton ginning plants and cotton trade enterprises should not blindly bullish, it is recommended to increase the proportion of hedging.

Acrylonitrile to maintain the shock finishing pattern, the main factory monthly announcement, Sinopec is 6500 yuan / ton, the market is concerned about other factory monthly news, the market has heard of low price offer, in the medium and long term, Zhejiang Petrochemical new device is planned to put into operation, although the current Shandong's Ruhr maintenance has not yet ended, later Jilin petrochemical, Jiangsu, have some maintenance plan, but the market is complete. The supply of raw materials is still relatively abundant, and the load of the downstream acrylic fiber plant is expected to be difficult to improve significantly, the demand side is not good enough, and the good support is limited. It is estimated that the price of acrylonitrile will not change. The price of acrylic fiber is tight and the demand is good. It is hard to find the demand for the downstream cotton mills. The raw material procurement is limited, while some of the products in the acrylic fiber plant remain to be digested. The factory equipment load is below 30%. The price of acrylonitrile in the near future continues to decline, and the cost of nitrile fiber continues to weaken. Line space, pay attention to manufacturers monthly message guidelines.

The Shanxi Provincial Office of industry and Commerce recently issued a circular for the relevant units of the province to solicit the members of the Shanxi provincial standardization committee on textile fiber and textile garments, with the deadline of May 1st. The Technical Committee for standardization of fiber and textile garments in Shanxi province is responsible for the standardization of technology in textile and textile clothing basic standards, technical standards and management standards. The committee's collection includes experts engaged in production, research, teaching and management in the field of fiber and textile and clothing. The members of the committee should meet the following requirements: be familiar with and love standardization work, abide by the law and discipline, abide by the constitution of the technical committee, participate in standardized activities on time, conscientiously perform the duties and duties of members, have good professional ethics, have a high theoretical level and rich practical experience in this field, and be familiar with the relevant laws, regulations and standardization policies of the state. The above professional technical title (or corresponding to a professional technical title) shall be recommended by the unit or social organization.

According to the latest data released by the Ministry of Commerce, in the first quarter of 2020, investors in China made non-financial direct investment in 2538 overseas enterprises in 153 countries and regions in the world, with a total investment of 169 billion 30 million yuan, down 0.6% from the same period last year. The total turnover of foreign contracted projects was 195 billion 340 million yuan, down 12.4% compared with the same period last year, and the new contract amount was 386 billion 500 million yuan, an increase of 13.2% over the same period last year. Foreign labor cooperation sent 64 thousand kinds of labor force, a decrease of 47 thousand compared with the same period last year, and 744 thousand workers outside the service at the end of 3. In the first quarter, Chinese enterprises invested 4 billion 200 million dollars in non-financial direct investment in 52 countries along the belt Road, an increase of 11.7% over the previous year, accounting for 17.3% of the total investment in the same period, representing a 2.4 percentage point increase over the previous year.

The joint venture issued its annual report in 2019, operating income of 3 billion 911 million yuan, down 6.19% compared to the same period last year. Net profit attributable to shareholders of listed companies was 393 million yuan, an increase of 0.70% over the same period last year. Net profit attributable to shareholders of listed companies after deducting non recurring gains and losses was 308 million yuan, down 7.77% compared to the same period. The basic earnings per share were 1.18 yuan, and each 10 shares were offered a cash dividend of 2 yuan (including tax). In addition to cotton cultivation, the company is a large high-tech enterprise with the whole industry chain of ginning, spinning, dyeing, weaving, finishing, knitting, home textile, printing and dyeing, clothing, thermoelectricity, sewage treatment, brand operation and warehousing and logistics. It has a production scale of 320 thousand spindles, an annual production of 160 million meters of dyed cloth, 60 million meters of printing and dyeing cloth, 11 million pieces of garments, 6000 tons of knitted yarn and knitted fabric dyeing, and 72 million mm production capacity of home textiles. The products are sold to more than 20 provinces and municipalities nationwide, and 65% of the main products are exported to more than 30 countries and regions, such as Japan and the United States.

It is reported that the State Administration of market supervision and Administration (National Standardization Management Committee) issued the national standard of GB/T 24252-2019 "silk quilt" in accordance with the Announcement No. thirteenth in 2019, and the implementation date was May 1, 2020. GB/T 24252-2019 "silk quilt" was first revised after the implementation of the original national standard GB/T 24252-2009 "silk quilt" after ten years. If you need standard text, please login to China silk standard network (www.tc401.com) for registration.

Recently, the town of Shengze has promulgated the "Wujiang high tech Zone (Sheng Zezhen) market oriented talent recommendation system", giving full play to the important role of market oriented talent in the allocation of talent resources, in order to accelerate the coordinated development of industry, market and city "three in one", and promote the quality development of Sheng Zegao to provide strong talent protection. It is understood that there are four kinds of reward categories: A, B, C and D. Among them, the reward of introducing the scarce talents (category A) is the highest, which can be rewarded by 300 thousand yuan. On the basis of the recommendation of the Shengze Town, talents or enterprises can enjoy the subsidies at the municipal level and the Wujiang district at the same time, and the highest level can be accumulated at 860 thousand yuan in Suzhou.

In April 17th, the Beijing reusable medical protective clothing produced by Bang Wei was awarded the two class of medical device registration certificate issued by the Beijing Municipal Drug Administration and became the first similar product approved in the country. The test results showed that the key performance test results of the approved reusable medical protective clothing, such as breaking strength, filtration efficiency, synthetic blood penetration and water permeability, were all higher than the national standard of medical disposable protective clothing. They are different in material composition, production process and clothing structure, which can meet the requirement of repeated use. It is understood that the protective clothing can be reused 10 times after being approved.

The world bank 2030 water resources group is seeking consultancy for Vietnam's two potential textile wastewater reuse projects in PPP. This is considered to be the first step for Vietnam to achieve industrial reuse commercialization. The consultant hired will be responsible for collecting relevant data on water and wastewater treatment projects in textile industry. On the basis of this, two suitable industrial parks will be selected for pre feasibility study, and a wastewater reuse action plan and financial plan for each park will be established. Although the Vietnamese government has been trying to promote the reuse of industrial waste water, there is still no concrete experience and guidance in the implementation of the project. With the increasing risk of water shortage, frequent drought and over exploitation of groundwater will further promote Vietnam to attach more importance to the development of unconventional water resources. The promotion of the recycling project can not only reduce water pollution, but also urge the textile industry wastewater to achieve better discharge standards.

According to Malaysia Oriental Daily News, due to the impact of the epidemic, Malaysia textile industry limited action control order and unable to take orders, within a month estimated loss of about 2 billion ringgit turnover. (because the exchange rate has changed, it is currently equivalent to 3 billion 380 million yuan). It is understood that Malaysia originally planned to implement a "action restriction order" for two weeks in from March 18th to 31st to better prevent and control the spread of the epidemic. Recently, Malaysia announced the extension of the "action restriction order" from two weeks to April 28th. According to the real-time map data, there are 2041 new confirmed coronaviruses in Malaysia (end of April 22nd). Recently, Hongkong Yida group, which produces over 100 million garments for world famous brands, has planned to close Malaysia's two factories in Penang and Kelantan in June 12, 2020 because of the impact of the epidemic. It is expected that 2000 employees will be affected.

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